Prepare a production budget for the second quarter of the, Ask an Expert

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Weber company produces floor mats used in gyms and dojos. The sales budget for four months of the year is as follows:

Unit sales dollar sales
April 12,000 $288,000
May 50,000 1,200,000
June 30,000 720,000
July 28,000 672,000

Company policy requires that ending inventories for each month be 15% of next month's sales. At the beginning of April, the beginning inventory of mats met that policy.

Prepare a production budget for the second quarter of the year. Show the number of units that should be produced each month as well as for the quarter in total.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9447534

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